#Bitcoin 🤦‍♂️

Man who lost R$ 5 billion in Bitcoin in landfill is going to launch his own cryptocurrency.

A Welshman tried "everything possible" to recover his R$ 5 billion in Bitcoin from a landfill, and is now launching a second-layer network.

James Howells has given up his 12-year search to recover 8,000 bitcoins from a hard drive that was accidentally discarded and sent to a landfill in Newport, Wales. He is now launching a cryptocurrency and a second-layer Bitcoin network called Ceiniog, which claims to be "backed" by the lost funds, which a court has recognized as his legal property.

His lost Bitcoin is now worth approximately US$ 923 million (R$ 5 billion) and is just 8.34% away from making him a theoretical billionaire.